v3.26.1
DERIVATIVE INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2026
DERIVATIVE INSTRUMENTS  
Schedule of notional values and fair values of derivative instruments

  ​ ​ ​

June 30, 2026

Derivative Assets

Derivative Liabilities

Consolidated

Consolidated

Notional

Statement of

Fair

Notional

Statement of

Fair

(000’s omitted)

Amount

Condition Location

Value

Amount

Condition Location

Value

Derivatives designated as hedging instruments under Subtopic 815-20:

Interest rate swaps

$

0

Other assets

$

0

$

375,000

Accrued interest and other liabilities

$

3,917

Derivatives not designated as hedging instruments under Subtopic 815-20:

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Commitments to originate real estate loans for sale

15,452

 

Other assets

391

0

 

Accrued interest and other liabilities

0

Interest rate swaps

 

562,912

 

Other assets

 

4,137

 

562,912

 

Accrued interest and other liabilities

 

4,137

RPA sold

 

0

 

Other assets

 

0

 

121,728

 

Accrued interest and other liabilities

 

0

RPA purchased

 

70,364

 

Other assets

 

0

 

0

 

Accrued interest and other liabilities

 

0

Subtotal

648,728

4,528

684,640

4,137

Total derivatives

$

648,728

$

4,528

$

1,059,640

 

  ​

$

8,054

  ​ ​ ​

December 31, 2025

Derivative Assets

Derivative Liabilities

Consolidated

Consolidated

Notional

Statement of

Fair

Notional

Statement of

Fair

(000’s omitted)

  ​ ​ ​

Amount

Condition Location

Value

Amount

Condition Location

Value

Derivatives not designated as hedging instruments under Subtopic 815-20:

 

Commitments to originate real estate loans for sale

$

5,631

 

Other assets

$

154

$

0

 

Accrued interest and other liabilities

$

0

Forward sales commitments

763

Other assets

15

0

Accrued interest and other liabilities

0

Interest rate swaps

 

459,251

 

Other assets

 

7,524

 

459,251

 

Accrued interest and other liabilities

 

7,524

RPA sold

0

Other assets

0

83,843

Accrued interest and other liabilities

0

RPA purchased

 

73,976

 

Other assets

 

0

 

0

 

Accrued interest and other liabilities

 

0

Total derivatives

$

539,621

$

7,693

$

543,094

 

  ​

$

7,524

Schedule of effect of cash flow hedge accounting relationships

  ​ ​ ​

Three Months Ended June 30, 2026

Amounts reclassified

Amounts recorded

Total change in

(000’s omitted)

  ​ ​ ​

from AOCI to income

in OCI

OCI for period

Contract type

Interest rate(1)

$

(175)

$

(2,719)

$

(2,544)

(1)Gains and losses on cash flow hedging relationships are recorded in interest income.

  ​ ​ ​

Six Months Ended June 30, 2026

Amounts reclassified

Amounts recorded

Total change in

(000’s omitted)

  ​ ​ ​

from AOCI to income

in OCI

OCI for period

Contract type

Interest rate(1)

$

(227)

$

(4,111)

$

(3,884)

(1)Gains and losses on cash flow hedging relationships are recorded in interest income.